Q&A: Labat has big plans to grow the ‘black gold’ industry
Company has bought a 70% stake in Zarenka, which holds cannabis licences in Lesotho
JSE-listed Labat Africa, which has businesses in technology, transport and logistics, has added cannabis to its portfolio. It recently bought a 70% stake in privately owned Zarenka, which has cannabis licences in Lesotho.
Labat Africa CEO Brian van Rooyen spoke to Business Day about the company’s plans in the cannabis industry, which he calls black gold.